Establishing a freight forwarding/logistics company in HCMC

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Investor: Dear Sir,

I am a UK national and I am evaluating the possibility of establishing a freight forwarding / logistics company in HCMC. This would be on a joint venture basis with a Vietnamese partner. Please advise approximate cost for registering such a company

Lawyer: Thank you for your email below. I am Tran Trung Kien – Corporate Lawyer of SB Law. I was entrusted to provide you legal advice regarding to setting up foreign invested company for providing freight forwarding/logistics services in Vietnam. In order to provide you accurate advice and the best legal service proposal, please provide us following information.

– Services to be provided by the Joint Venture Company in Vietnam shall include:

  • Road freight transportation              Yes/No
  • Transportation Agency                      Yes/No
  • Custom declaration                             Yes/No
  • Warehousing                                        Yes/No
  • Container handling services             Yes/No

– What is your capital contribution percentage in the Join Venture Company?

– Will you make investment in Vietnam under your individual name or your Company in UK? In case of your Company in UK, how long it has been operating in the field of logistic?

– Whether your local partner is an individual or a company in Vietnam? In case of a company in Vietnam, how long it has been operating in the field of logistic?

– Will you locate the the Joint Venture Company in Industrial Zone?